Keywordeconomic growth

Statistics Canada reports that real gross domestic product (GDP) grew 0.3% in the first quarter, following an increase of 0.4% in each of the previous two quarters. Final domestic demand rose by 0.5%. Growth was moderated by a deceleration in household spending, lower…

Hong Kong – Chinese factory activity grew at its fastest rate in eight months on stronger demand, a survey showed Thursday, in a positive sign for the world’s No. 2 economy despite trade tensions with the U.S. The official purchasing…

Washington – The International Monetary Fund is raising its estimate for economic growth in Canada this year. The think tank says it now projects Canada’s economy will grow 2.3 per cent this year, up from an estimate of 2.1 per…

Ottawa – Canadian manufacturing sales came in below expectations in July, edging up just 0.1 per cent to $50.7 billion, Statistics Canada said Friday. Economists had expected a gain of 1.0 per cent, according to Thomson Reuters. Statistics Canada said…